Springboard Asset Management LLC

Fees and Compensation
Springboard’s services are provided on a fee-only basis. Springboard does not sell financial products or
accept commissions or any other compensation from outside sources.

Fees for Financial Planning Services
Springboard estimates and quotes financial planning fees prior to clients engaging our services, in
determining fees Springboard considers:
       Time and effort involved
       Complexity of the issues involved
       Involvement of other professional advisors
       Extra costs such as organizing client data and travel
       Time constraints imposed by the client’s situation.
Fifty percent (50%) of the quoted financial planning fee will be due upon signing a contract with our firm.
The balance of the fee will normally be billed upon the presentation of the Plan. Springboard will never
hold client funds greater than $500 for more than six months in advance.
Provided that all information needed to prepare the financial plan has been promptly provided by the
client, a financial plan will be presented to the client within 90 days of the contract date.
Financial planning fees will range from $500 to $5,000 depending on the anticipated complexity thereof.

Fees for Investment Management Services
Fees for investment management services will be charged based on a percentage of assets under
management, per the following schedule. The portfolio management fee is calculated by applying
different rates to different portions of the portfolio.
        The   first $250,000                      ($0 to $250,000)                         1.00%
        The   next $250,000                    ($250,001 to $500,000)                       .90%
        The   next $500,000                   ($500,001 to $1,000,000)                      .80%
        The   next $1,000,000                ($1,000,001 to $2,000,000)                     .60%
        The   remainder                         ($2,000,001 and up)                         .50%
A combined household minimum of $250,000 of assets under management is required for this service
with a minimum annual fee of $1,000. Minimum account size may be waived, and fees are negotiable
under certain circumstances which could include reductions due to family member discounts or reduced
complexity in the management services required.
Springboard will provide a specific fee schedule to each client. Fees for individual accounts for members
of the same family, (defined as spouses/partners and dependent children, and trusts for the benefit of
such family members), are based on the total account balance of all family accounts.

Fees are computed and billed quarterly in arrears and are based upon the value (market value or fair
market value in the absence of market value), plus any credit balance or minus any debit balance of the
client’s account on the last day of the calendar quarter. For the first partial quarter of management, the
fees will be prorated by using the average daily portfolio balance as the measure of portfolio worth for
billing purposes.
Investment advisory agreements are effective for one year beginning the date the contract is signed and
shall be automatically renewed for successive one‐year terms. A client agreement may be canceled at any
time, by either party, for any reason upon receipt of written notice. Upon termination of any account, any
prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees will be due and payable.
Springboard’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and
expenses which shall be incurred by the client. For example, some mutual fund transactions may produce
a transaction charge that will be deducted from the client’s account. Similarly, trades through custodians
may create other transaction charges that will also be deducted from the client’s account. Some
custodians may charge custodial fees that may be deducted from the client’s account.
Mutual funds and exchange traded funds also charge internal management fees, which are disclosed in a
fund’s prospectus. Such charges, fees and commissions are exclusive of and in addition to Springboard’s
fee, and Springboard shall not receive any portion of these commissions, fees, and costs.
Springboard processes trades through:
       Charles Schwab & Co., Inc.
       Other agreed‐upon money manager/broker dealer or custodial entities.

Types of Clients
Springboard generally provides investment advice to individuals, pension and profit sharing plans, trusts,
estates, charitable organizations, corporations or business entities.
A combined household minimum of $250,000 of assets under management is required for the investment
management service. Minimum account size may be waived, and fees are negotiable under certain
circumstances.
As of December 31, 2025, Springboard manages approximately $136,788,247 in discretionary assets
under management, and $0 is managed on a non-discretionary basis.

Methods of Analysis, Investment Strategies and Risk of Loss
Investment Strategies
The primary investment strategy used on client accounts is strategic asset allocation based on
academically identified allocation strategies. This means that we diversify our portfolios in accordance
with the principles of Modern Portfolio Theory and weight sub-asset classes based on correlation factors
and with a small/value tilt. Portfolios are globally diversified to control the risk associated with traditional
markets.
The investment strategy for a specific client is based upon the objectives stated by the client during
consultations. The client may change these objectives at any time. Each client executes an Investment
Policy Statement that documents their objectives and their desired investment strategy.

Method of Analysis
Security analysis methods may include charting, fundamental analysis, technical analysis, and cyclical
analysis.
The main sources of information include financial newspapers and magazines, inspections of corporate
activities, research materials prepared by others, corporate rating services, annual reports, prospectuses,
filings with the Securities and Exchange Commission, and company press releases.
Other sources of information that Springboard may use include Morningstar mutual fund information,
Morningstar stock information, vendor-provided research and information, and the World Wide Web.

Risk of Loss
All investment programs have certain risks that are borne by the investor. Our investment approach
constantly keeps the risk of loss in mind. Investors face the following investment risks:
       Interest-rate Risk: Fluctuations in interest rates may cause investment prices to fluctuate. For
        example, when interest rates rise, yields on existing bonds become less attractive, causing their
        market values to decline.
       Market Risk: The price of a security, bond, or mutual fund may drop in reaction to tangible and
        intangible events and conditions. This type of risk is caused by external factors independent of a
        security’s particular underlying circumstances. For example, political, economic and social
        conditions may trigger market events.
       Inflation Risk: When any type of inflation is present, a dollar today will not buy as much as a dollar
        next year, because purchasing power is eroding at the rate of inflation.
       Currency Risk: Overseas investments are subject to fluctuations in the value of the dollar against
        the currency of the investment’s originating country. This is also referred to as exchange rate risk.

       Reinvestment Risk: This is the risk that future proceeds from investments may have to be
        reinvested at a potentially lower rate of return (i.e., interest rate). This primarily relates to fixed
        income securities.
       Business Risk: These risks are associated with a particular industry or a particular company within
        an industry. For example, oil-drilling companies depend on finding oil and then refining it -- a
        lengthy process -- before they can generate a profit. They carry a higher risk of profitability than
        an electric company, which generates its income from a steady stream of customers who buy
        electricity no matter what the economic environment is like.
       Liquidity Risk: Liquidity is the ability to readily convert an investment into cash. Generally, assets
        are more liquid if many traders are interested in a standardized product. For example, Treasury
        Bills are highly liquid, while real estate properties are not.
       Financial Risk: Excessive borrowing to finance a business’ operations increases the risk of
        profitability, because the company must meet the terms of its obligations in good times and bad.
        During periods of financial stress, the inability to meet loan obligations may result in bankruptcy
        and/or a declining market value.
       ETF and Mutual Fund Risk. ETF and mutual fund investments bear additional expenses based on
        a pro-rata share of operating expenses, including potential duplication of management fees. The
        risk of owning an ETF or mutual fund generally reflects the risks of owning the underlying
        securities held by the ETF or mutual fund. Clients may also incur brokerage costs when purchasing
        ETFs.
       Pandemic Risk. Disease outbreaks (epidemics and pandemics) can materially and adversely impact
        the investments as businesses deal with core decreases in business activities such as staffing
        shortages, supply chain issues and more in the local, state, national and global economy, and
        instability in the marketplace. Advisor has a business continuity plan in place to ensure and
        maintain normal business operations to service clients.